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Wednesday, November 18, 2020

Padres chairman Ron Fowler steps down; Peter Seidler to take over

The man who has guided the Padres through a transition from perennial loser to playoff team no longer will be in charge of the franchise’s day-to-day operation.

Ron Fowler is stepping down as Padres executive chairman and will be replaced by General Partner Peter Seidler.

Major League Baseball team owners approved Seidler as the team’s control person in a vote Wednesday morning. An official announcement is expected later Wednesday.

By agreeing to purchase a percentage of Fowler’s stake in the team, Seidler becomes the Padres’ largest single equity holder. Seidler’s new title is chairman while Fowler will be vice chairman.

The 76-year-old Fowler will continue to serve in an advisory role with the team. He also will retain a prominent role in baseball’s labor negotiations and maintain his place on various league committees.

RoyalsRetro (AG#1F) Posted: November 18, 2020 at 02:35 PM | 0 comment(s) Login to Bookmark
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